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Tuesday, 31 March 2020

India Post Recruitment: When will the recruitment of GDS posts, India Post gave this information

Special things

 Indian post recruits throughout the year on the post of GDS.

 Candidates studying 10th standard can also apply.

 Vacancy has been drawn on 3951 posts of GDS for UP.

 new Delhi:

 India Post Recruitment 2020: Coronavirus epidemic has put the whole world in panic. In India too, the fear of Corona has forced the government to even lockdown. In such a situation, all services are also closed. The postal service has also been affected. Meanwhile, India Post is also answering people's questions through social media. Updates related to jobs are also being given by Indian Post. Indian Post recruits throughout the year to the post of Grameen Dak Sevak (GDS). This year also the process of recruitment for the post of Gramin Dak Sevak is going on.


Application.


Notification


 The recruitment process has started for the second phase of this year. On March 23, 3951 vacancies of GDS have been removed for Uttar Pradesh circle. Deadline of application has been kept till 22 April. That is, candidates can apply till 22 April. Through GDS recruitment, recruitment is made for the posts of branch post master, assistant branch post master and post servant.

 Along with recruitment, the results of GDS also keep coming. But everything has stalled due to the situation arising from Coronavirus. There is lockdown all over the country. In this case, the result is also delayed. Results of West Bengal, Maharashtra and Assam circles are pending.

 The Indian Post has told that the result is in process and it will be announced as soon as it is completed. However, the Indian Post did not give the exact date of the result. On behalf of the Indian Post, it has been said that the candidates for the result should keep checking updates on the official website (https://appost.in/gdsonline/).
https://appost.in/gdsonline/

 Apart from this, the Indian post has also increased the deadline of some other vacancies. The date for applying for recruitment to the post of Staff Car Driver for Mumbai and Goa Region has been extended till May 4.
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Central government's big decision regarding the validity of driving license

New Delhi. The Center has decided to extend the validity of documents like driving license, permit and registration from February 1 to June 30. The objective of this initiative is to streamline the movement of essential goods during the ongoing 'lockdown' for the prevention of corona virus infection. The Ministry of Road Transport and Highways, in a consultation issued to all the states and union territories on Monday, asked them to consider the above mentioned documents as valid till June 30, whose duration expired on February 1. This step has been taken to help citizens who are facing problems in renewing the validity of various documents due to the closure of the transport office during the 'lockdown' under the Motor Vehicles Act and the Central Motor Vehicles Rules.

 Also read: Stringent action should be taken against senior officers for violation of lockdown rules: LG

 The Ministry has said, "All the states are requested that under the Motor Vehicle Act and Rules, they should consider those documents valid till June 30, whose validity expired on February 1, 2020 and could not be renewed due to the nationwide shutdown. Documents whose validity has been extended include fitness certificates, all types of permits, driving licenses, registration or other related documents under the Motor Vehicle Act. Contains documents.
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Monday, 30 March 2020

govt job: want to get government job after 12th, prepare for these exam in lockdown

sarkari naukri: There is a lockdown in the country. Students are forced to stay in homes. In such a situation, it is important that this free time is used properly and future planning should be done. The coronavirus epidemic has also affected the entire education system. Exams are postponed. The 10th and 12th board exams have also not been completed, however, some state boards have decided to promote the children of the class other than the board to the next class without exams but it has not yet been done with the board exam. is. In such a situation, especially the students who were giving the 12th board exam, they can prepare themselves for a better job in their spare time. Below we are telling you about those government jobs that can be done after 12th.
 The Staff Selection Commission (SSC) conducts two exams for these jobs. These two exams are CHSL Exam and Stenographer Exam which you can get a government job by passing.

 SSC CHSL Exam
 These exams are conducted for the post of Lower Divisional Clerk / Junior Secretariat Assistant, Postal Assistant / Sorting Assistant and Data Entry Operator. All these jobs belong to the Ministries and Departments of the Government of India.

 Salary
 1. Lower Divisional Clerk (LDC) / Junior Secretariat Assistant (JSA): Rs 19,900 to Rs 63,200 per month
 2. Postal Assistant (PA) / Sorting Assistant (SA): 25,500 to 81,100 rupees per month.
 3. Data Entry Operator (DEO): 25,500 to 81,100 per month.
 4. Data Entry Operator, Grade A: 25,500 to 81,100 rupees per month

 Eligibility and age limit
 For these jobs, you must have 12th pass. For the data entry operator, only students who pass the main stream with math can apply while the age limit is 18-27 years.

 Students' selection will be under Computer Based Exam (Tier I), Descriptive Paper (Tier II), and Skill Test / Typing Test (Tier III). The candidate will be selected after every Tier exam.

 SSC Stenographer Exam

 These exams are done to appoint stenographers for the ministries and departments of the Government of India. There are grade C and grade D posts for stenographer. To get this job, apart from passing 12th, it is also important to have knowledge of stenography. This exam will be in both Hindi and English languages.
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Sunday, 29 March 2020

America opened treasury for India, know how many dollars it helped

Covid-19 cases in India increased to 834 on Saturday and 19 people have died due to infection. The Union Health Ministry has given information about the death of two more people in its latest figures. However, it is not yet known where these two deaths have taken place. So far four people have died in Maharashtra, three in Gujarat, two in Karnataka and one each in Madhya Pradesh, Tamil Nadu, Bihar, Punjab, Delhi, West Bengal, Jammu and Kashmir and Himachal Pradesh. According to the data, 748 people are still infected with Corona virus in the country while 66 people have either recovered or were discharged from hospital and one person has left.

 On the other hand, the US announced additional financial assistance of $ 174 million to 64 countries, including giving 2.9 million dollars to India. US President Donald Trump signed a two thousand billion dollar rescue plan for the Corona virus-affected economy. US President Donald Trump signed a two thousand billion dollar rescue plan for the Corona virus-affected economy.

 Corona virus cases are continuously increasing in America and now they have crossed the 100,000 mark. Tracker from Johns Hopkins University presented the figures on Friday. In the US till 6 pm, 1,00,717 cases including 1,544 deaths were reported. Most cases are coming from New York. In the United States, the number of cases of infection is about 15,000 from Italy and more than 20,000 from China.

 First of all, the disease was detected in China and it came to be the center of it. The death rate on infected cases in the US is about 1.5 percent, compared to around 10.5 percent in Italy. The death rate may be lower because a large-scale investigation has revealed that most people are infected but have not shown symptoms from the disease. However, it can also increase if more cities and states like New York start coming up. More than 500 people have died in New York and there is a severe shortage of hospital beds, personal protective equipment and ventilators.
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Friday, 27 March 2020

You may not have to pay EMIs for next 3 months, here’s why

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, may be shifted across the board by three months, the RBI said.

 However, the decision on the rescheduling of home, auto, and other loans will finally be taken and conveyed to customers by individual banks.

 Who can avail of these benefits?

 Individuals and companies who have availed term loans - such as home loans, car loans, corporate loans - can benefit from this move. Therefore, any temporary disruption in their income or cash flows caused by the lockdown will not affect their repayment schedule for the next three months, at least.

 Moratorium facility is now available on terms loans extended by all commercial banks - including regional rural banks, small finance banks and local area banks, co-operative banks, all-India Financial Institutions.

 Even term loans extended by Non Banking Finance Companies, including housing finance companies and micro finance institutions, will benefit from the move.

 A head of a leading housing finance company said "The RBI announcement covers all retail, non-corporate loans, across all the categories."

 What does moratorium cover?

 The moratorium will be applicable on both principal and interest. The proportion of principal will depend upon the age of the loan, whether it's the first EMI for a customer or, say, 100th EMI. During the life of a loan, the amount of interest decreases while the principal component increases as the loan amortisation progresses.

 What are benefits for the customer?
 This basically means that non payment during the next three months will not affect the credit history of the customers and their accounts will not be tagged as Non Performing Assets (NPAs).
 This is a major relief to borrowers as loan accounts turning into NPAs can subject them to recovery actions by the banks and lending institutions.
 How do companies benefit?

 For corporate India too, this is a big relief, especially for those companies that have low reserves. As cash flows get impacted across the board for companies, many of them may not have the ability to repay, as the businesses have shut down completely.
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Wednesday, 25 March 2020

Reliance Jio's big announcement, free internet speed up to 10Mbps

Hello friends and welcome you once again in another new video and we are going to talk today about Jio's new plan because people are forced to live in the country due to Corona virus infection. At the same time, many companies have asked their employees to 'work from home' at such times. In view of this, now Reliance Jio has launched a new pack for people doing 'work from home'.

 The price of this recharge is 251 rupees. This recharge of Jio is named 'Work From Home Pack'. Earlier, BSNL, Airtel and some broadband companies also offered new plans for users doing work from home.

 If you talk about Jio's 'Work From Home Pack' then the price of this plan is 251 rupees and this pack is offered only for prepaid customers. In this pack, customers will get 2 GB data every day. However, internet speed will be 64 kbps after 2B GB data limit is over. Also, the validity of this pack is 51 days.

 Let me tell you here that the voice call and SMS facility of the company will not be available in this pack. Explain that many companies are giving work from home options to their employees. People are trying to stop coronavirus by adopting this method.

 Let us know that recently, telecom company Reliance Jio had offered double data in its cheap prepaid plans while giving a gift to its customers. The company upgraded data vouchers worth Rs 11, Rs 21, Rs 51 and Rs 101. However, there has been no change in the 251 rupee voucher coming in this list. Only the earlier benefits will be available in this voucher.

 In Reliance Jio's Rs 11 data voucher, the company previously used to get 400MB of data. But, after the change, in this plan, with 800MB of data, 75 minutes of live, non-live calling minutes are available. At the same time, in the data voucher of 21 rupees, the company used to give 1 GB of data. But, now 2 GB of data is being given. At the same time, the plan is getting 200 calling minutes on non-Jio network.

 Apart from this, in the data voucher of Rs 51, the company used to give 3GB data earlier. But, now 6 GB of data is available in this voucher. Apart from this, the voucher gets 500 minutes for calling on Jio to Non Jio network. At the same time, the company used to offer 6 GB of data in the Rs 101 data plan, now the company is offering 12 GB of data in it. Also, you get 1000 minutes for calling non-live numbers.

 The plan is quite good, so this was some information I hope you liked. Thanks for reading the post
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Monday, 23 March 2020

std 1 to 9 Maas promotion Decision by gujarat Govt. Due to Corona virus

std 1 to 9 Maas promotion Decision by gujarat Govt. Due to Corona virus

 25 crore people trust Truecaller for their communication needs, whether it's for caller ID or for blocking spam calls and SMS. It filters out the unwanted, and lets you connect with people who matter.


 There is a shutdown situation in Gujarat due to the outburst of blackout corona. And futures are still being expressed in the coming days. Then closures may be increased in the near future. That is, the study needs of the students studying in the school will be affected. The state government can make an important decision. Mass promotion can now be given to students in grades 1 through 9 and 11.
std 1 to 9 Maas promotion Decision by gujarat Govt. Due to Corona virus

 25 crore people trust Truecaller for their communication needs, whether it's for caller ID or for blocking spam calls and SMS. It filters out the unwanted, and lets you connect with people who matter.


 There is a shutdown situation in Gujarat due to the outburst of blackout corona. And futures are still being expressed in the coming days. Then closures may be increased in the near future. That is, the study needs of the students studying in the school will be affected. The state government can make an important decision. Mass promotion can now be given to students in grades 1 through 9 and 11.

 Following the corona virus, the government of the Romanian government can make important decisions for the education world. Now the government can decide that teachers will not need to go to school. The government may also allow teachers to go to school. At the same time, the government has decided that mass promotion can be given to students of Std.


 It may be mentioned that the number of positive cases of corona virus in Gujarat has increased to 30. Of the 13 cases in Ahmedabad, one in five positive cases in Surat has died. Six cases have been registered in Vadodara and 4 in Gandhinagar. In Kutch and Rajkot, one case has been registered positive case. Despite the increase in the number of positive cases in Ahmedabad, Surat and Vadodara, the impact of lockdown was not seen on the people.
 Following the corona virus, the government of the Romanian government can make important decisions for the education world. Now the government can decide that teachers will not need to go to school. The government may also allow teachers to go to school. At the same time, the government has decided that mass promotion can be given to students of Std.


 It may be mentioned that the number of positive cases of corona virus in Gujarat has increased to 30. Of the 13 cases in Ahmedabad, one in five positive cases in Surat has died. Six cases have been registered in Vadodara and 4 in Gandhinagar. In Kutch and Rajkot, one case has been registered positive case. Despite the increase in the number of positive cases in Ahmedabad, Surat and Vadodara, the impact of lockdown was not seen on the people.
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How to know how much money comes in the bank of gas subsidy account stream?

Ever since the Modi government came, something has happened in our country, one of the same is the Prime Minister Ujjwal Yojana which the Modi government had brought for the poor of the country. And even today its dominance continues. People from all over the country are taking advantage of this. O also in a very small amount.

 But in 2015, PM Modi ji appealed to give up the subsidy, so that many people attended their duty and so that the country is not dependent on energy imports. About 15 crore people use gas in the country and imagine what will happen to the economy of the country if the government keeps putting its money in the account of everyone's subsidy.

 But there are also sensible people in the country, due to which the country is running today, they have given up subsidy, almost crores of people who do good jobs are leaders, they have government jobs, they have taken part in increasing interest in this country. The easiest way is to watch a lot of videos on YouTube.

 How can bank account holder get account information?

 Now come the main issue is how the pay subsidy account holder should know about his account, how much money is coming in his account and how much is coming. So for this you have to follow the process easily, just search your gas name on any browser.

 Then click on the status first, then fill your details as if the name of the account is also the name of the account holder, you can take the information. If you still do not understand, then there are so many videos on Azal YouTube that you do not need to ask anywhere, there is a lot of knowledgeable people, what is the harm in taking a little knowledge on YouTube.

 The rest, I have put photos of whatever step they are, they can try something from it. And this is to say that today the world is struggling with the global epidemic, so take care of this, take care of yourself, keep your social contacts low. Get out of the house as much as possible and if you like the article, then follow Jai Hind.
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Friday, 20 March 2020

Delhi Police Recruitment for Constable Posts, Male and Female Both Apply

A latest notification has been issued for the vacancy. Interested candidates can apply before 24-04-2020. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.


 Total Posts - 5000

 Eligibility: - Candidates should have passed 12th class or equivalent from a recognized Board / University / Institute. For more education qualification details go to the official notification.

 Age Limit - Candidates age limit should be minimum 18 years and maximum 27 years. Relaxation of 05 years in age limit for SC / ST candidates and 03 years for OBC candidates.

dilhipolice.nic.in

 Pay Scale - Rs.25500-81100 / - for Delhi Police Constable Executive Pay Scale. For more pay scale details, please visit the official notification.

 Selection Process: - Candidates will be selected on the basis of computer based examination, physical endurance and measurement test (PET and MT). For more selection process details, please visit the official notification.

 How to apply - Candidates can apply online through the official website delhipolice.nic.in before the last date 24-04-2020.
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How to government jobs Canada

Full Job Description

 Pilimmaksaivik (on behalf of various other federal departments and agencies in Nunavut) in partnership with the Public Service Commission of Canada
 Jobs are located in various communities across the Nunavut Territory, such as: Iqaluit, Cambridge Bay, Rankin Inlet, Naujaat, Resolute Bay, and more.
 Salary ranges for Government of Canada positions will range from $ 47,729 to $ 140,700. The salary will depend on the position being staffed.

 Learn more about Inuit recruitment

 Closing date: 8 August 2021 - 23:59, Pacific Time
Government jobs caCana

 Who can apply: Persons residing in Canada and Canadian citizens residing abroad.

 Apply online

 Important messages

 When you apply to this selection process, you are not applying for a specific job, but to an inventory for future vacancies. government jobs Canada  As positions become available, applicants who meet their qualifications may be contacted for further assessment.

 Nunavut Inuit (beneficiaries of the Nunavut Land Claims Agreement) will be considered ahead of other applicants (including persons with priority entitlement and Veterans).

 This inventory may be used by various federal departments and agencies in Nunavut, such as:

 Canadian Northern Economic Development Agency

 Fisheries and Oceans Canada (including Canadian Coast Guard)

 Environment and Climate Change Canada

 Indigenous and Northern Affairs Canada

 Natural Resources Canada

 Parks Canada

 Polar Knowledge Canada

 Public Prosecutions Services Canada

 Public Services and Procurement Canada

 Royal Canadian Mounted Police

 Service Canada

 And more!

 Important financial information:

 Successful candidates may be eligible for staff housing and the reimbursement of relocation costs.

 Isolated Post Allowances (Northern Allowance) range from $ 19,000 to $ 31,000, which is based on if the employee has dependents or occupying staff housing.

 Vacation Travel Assistance is provided twice a year for each eligible member of the household.


 If you have a question, or, if you are unable to submit an application online, it can either be dropped off in-person, emailed or faxed to:

 Pilimmaksaivik (Federal Center for Excellence for Inuit Employment in Nunavut)
 3rd Floor, 1106 Allavvik Building
 Iqaluit, Nunavut
 PHONE: 1-833-836-3457 (TOLL FREE)
 FAX: 867-975-4528
 EMAIL: Pilimmaksaivik@cannor.gc.ca

 Please be sure to clearly quote the selection process number: 18-PSC-NUNAVUT-PSWP

 Work environment

 At the Government of Canada, we believe a great career combines passion with skill, including challenging opportunities, takes place in a welcoming work environment and maintains a positive work life balance.

 The Government of Canada is committed to building a representative public service and has numerous career opportunities to meet the interests of Nunavut Inuit.

 This process is designed to staff a variety of positions. Career opportunities in Nunavut include:

 Office Administration (Clerical, Administrative Support, etc.)

 Project and Program Management

 Environmental (Enforcement, Technical, Scientific, etc.)

 Human Resources

 Business and Finance

 Communications

 Executive and Management

 Law and Legal Support

 Policy Analysts and Advisors

 And more!

 Intent of the process

 The Government of Canada is looking to recruit Nunavut Inuit for positions based in Nunavut.

 This inventory will be managed by Pilimmaksaivik (Federal Center for Excellence for Inuit Employment in Nunavut) in partnership with the Public Service Commission of Canada (PSC).

 Positions to be filled in: Number to be determined

 Information you must provide

 Your résumé.

 You must meet all the necessary qualifications in order to be qualified to the position. Other qualifications may be a deciding factor in choosing the person to be a manager. Some essential and other qualifications will be assessed through your application. Government jobs CanadaIt is your responsibility to provide appropriate examples that illustrate how you meet each qualification. Failing to do so could result in your application being rejected.

 The following will be applied / assessed at a later date (required for the job)

 Various language requirements

 Information on language requirements

 Knowledge of Inuit culture, society and values.

 The following may be applied / assessed at a later date (may be required for the job)

 Fluency in the official languages ​​of Nunavut (i.e. Inuktitut, Inuinnaqtun)

 Organizational Needs:
 In support of the Nunavut Agreement, Nunavut Inuit will be selected for appointment to positions in Nunavut ahead of all others (including persons with priority entitlement and Veterans).

 Other information

 The Public Service of Canada is committed to building a skilled, diverse workforce reflective of Canadian society. As a result, it promotes employment equity and encourages candidates to apply voluntarily on their application if they are a woman, an Aboriginal person, a person with a disability or a visible minority group.

 The Public Service of Canada is also committed to developing inclusive, barrier-free selection processes and work environments. If contacted in relation to a job opportunity or test, you should advise the Public Service Commission or the Departmental Officer of a timely fashion accommodation arrangement which must be taken to enable you to be assessed in a fair and equitable manner. Information received will be addressed confidentially.
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Thursday, 19 March 2020

Financial department Bank of America to Pay $16.65 Billion in Historic Justice Department Settlement for Financial Fraud Leading up to and During the Financial Crisis

Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history ­— to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch. As part of this global resolution, the bank has agreed to pay a $5 billion penalty under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) – the largest FIRREA penalty ever – and provide billions of dollars of relief to struggling homeowners, including funds that will help defray tax liability as a result of mortgage modification, forbearance or forgiveness. The settlement does not release individuals from civil charges,Finan fina department  nor does it absolve Bank of America, its current or former subsidiaries and affiliates or any individuals from potential criminal prosecution.


“This historic resolution - the largest such settlement on record - goes far beyond ‘the cost of doing business,’” said Attorney General Holder. Financial department website v"Under the terms of this settlement, the bank has agreed to pay $7 billion in relief to struggling homeowners, borrowers and communities affected by the bank’s conduct. This is appropriate given the size and scope of the wrongdoing at issue.”

This settlement is part of the ongoing efforts of President Obama’s Financial Fraud Enforcement Task Force and its Residential Mortgage-Backed Securities  financial department website and education will make sure that(RMBS) Working Group, which has recovered $36.65 billion to date for American consumers and investors.

“At nearly $17 billion, today’s resolution with Bank of America is the largest the department has ever reached with a single entity in American history,” said Associate Attorney General West. “But the significance of this settlement lies not just in its size; this agreement is notable because it achieves real accountability for financial department the American people and helps to rectify the harm caused by Bank of America’s conduct through a $7 billion consumer relief package that could benefit hundreds of thousands of Americans still struggling to pull themselves out from under the weight of the financial crisis.”

The Justice Department and the bank settled several of the department’s ongoing civil investigations related to the packaging, marketing, sale, arrangement, structuring and issuance of RMBS, collateralized debt obligations (CDOs), and the bank’s practices concerning the underwriting and origination of mortgage loans. The settlement includes a statement of facts, in which the bank has acknowledged that it sold billions of dollars of RMBS without disclosing to investors key facts about the quality of the securitized loans. When the RMBS collapsed, financial department nor do they need investors, including federally insured financial institutions, suffered billions of dollars in losses. The bank has also conceded that it originated risky mortgage loans and made misrepresentations about the quality of those loans to Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA).

Of the record-breaking $16.65 billion resolution, almost $10 billion will be paid to settle federal and state civil claims by various entities related to RMBS, CDOs and other types of fraud. Bank of America will pay a $5 billion civil penalty to settle the Justice Department claims under FIRREA. Approximately $1.8 billion will be paid to settle federal fraud claims related to the bank’s origination and sale of mortgages, $1.03 billion will be paid to settle federal and state securities claims by the Federal Deposit Insurance Corporation (FDIC), $135.84 million will be paid to settle claims by the Securities and Exchange Commission. In addition, $300 million professionals already in place be paid to settle claims by the state of California, $45 million to settle claims by the state of Delaware, $200 million to settle claims by the state of Illinois, $23 million to settle claims by the Commonwealth of Kentucky, $75 million to settle claims by the state of Maryland, and $300 million to settle claims by the state of New York.

Bank of America will provide the remaining $7 billion in the form of relief to aid hundreds of thousands of consumers harmed by the financial crisis precipitated by the unlawful conduct of Bank of America, Merrill Lynch and Countrywide. That relief will take various forms, including principal reduction loan modifications that result in numerous homeowners no longer being underwater on their mortgages and finally having substantial equity in their homes.fi fin education will make It will also include new loans to credit worthy borrowers struggling to get a loan, donations to assist communities in recovering from the financial crisis, and financing for affordable rental housing. Finally, Bank of America has agreed to place over $490 million in a tax relief fund to be used to help defray some of the tax liability that will be incurred by consumers receiving certain types of relief if Congress fails to extend the tax relief coverage of the Mortgage Forgiveness Debt Relief Act of 2007.

An independent monitor will be appointed to determine whether Bank of America is satisfying its obligations. If Bank of America fails to live up to its agreement by Aug. 31, 2018, it must pay liquidated damages in the amount of the shortfall to organizations that will use the funds for state-based Interest on Lawyers’ Trust Account (IOLTA) organizations and NeighborWorks America, financial department a non-profit organization and leader in providing affordable housing and facilitating community development. The organizations will use the funds for foreclosure prevention and community redevelopment, legal assistance, housing counselling and neighborhood stabilization.

As part of the RMBS Working Group, the U.S. Attorney’s Office for the District of New Jersey conducted a FIRREA investigation into misrepresentations made by Merrill Lynch to investors in 72 RMBS throughout 2006 and 2007. As the statement of facts describes, Merrill Lynch regularly told investors the loans it was securitizing were made to borrowers who were likely and able to repay their debts. Merrill Lynch made these representations even though it knew, based on the due diligence it had performed on samples of the loans, that a significant number of those loans had material underwriting and compliance defects - including as many as 55 percent in a single pool. In addition, Merrill Lynch rarely reviewed the unsampled loans to ensure that the defects observed in the samples were not present throughout the remainder of the pools. Merrill Lynch also disregarded its own due diligence and securitized loans that the due diligence vendors had identified as defective. This practice led one Merrill Lynch consultant to “wonder why we have due diligence performed” if Merrill Lynch was going to securitize the loans “regardless of issues.”

“In the run-up to the financial crisis, Merrill Lynch bought more and more mortgage loans, packaged them together, and sold them off in securities – even when the bank knew a substantial number of those loans were defective,” said U.S. Attorney Paul J. Fishman for the District of New Jersey. “The failure to disclose known risks undermines investor confidence in our financial institutions. Today’s record-breaking settlement, which includes the resolution of our office’s imminent financial departmentmultibillion-dollar suit for FIRREA penalties, reflects the seriousness of the lapses that caused staggering losses and wider economic damage.”

This settlement also resolves the complaint filed against Bank of America in August 2013 by the U.S. Attorney’s Office for the Western District of North Carolina concerning an $850 million securitization. Bank of America acknowledges that it marketed this securitization as being backed by bank-originated “prime” mortgages that were underwritten in accordance with its underwriting guidelines. Yet, Bank of America knew that a significant number of loans in the security were “wholesale” mortgages originated through mortgage brokers and that based on its internal reporting, such loans were experiencing a marked increase in underwriting defects and a noticeable decrease in performance. Notwithstanding these red flags, the bank sold these RMBS to federally backed financial institutions without conducting any third party due diligence on the securitized loans and without disclosing key facts to investors in the offering documents filed with the SEC. A related case concerning the same securitization was filed by the SEC against Bank of America and is also being resolved as part of this settlement.

“Today’s settlement attests to the fact that fraud pervaded every level of the RMBS industry, including purportedly prime securities, which formed the basis of our filed complaint,” said U.S. Attorney Anne M. Tompkins for the Western District of North Carolina. “Even reputable institutions like Bank of America caved to the pernicious forces of greed and cut corners, putting profits ahead of their customers. As we deal with the aftermath of the financial meltdown and rebuild our economy, we will hold accountable firms that contributed to the economic crisis. Today’s settlement makes clear that my office will not sit idly while fraud occurs in our backyard.”

The U.S. Attorney’s Office for the Central District of California has been investigating the origination and securitization practices of Countrywide as part of the RMBS Working Group effort. The statement of facts describes how Countrywide typically represented to investors that it originated loans based on underwriting standards that were designed to ensure that borrowers could repay their loans, although Countrywide had information that certain borrowers had a high probability of defaulting on their loans. Countrywide also concealed from RMBS investors its use of “shadow guidelines” that permitted loans to riskier borrowers than Countrywide’s underwriting guidelines would otherwise permit. Countrywide’s origination arm was motivated by the “saleability” of loans and Countrywide was willing to originate “exception loans” (i.e., loans that fell outside of its underwriting guidelines) so long as the loans, and the attendant risk, could be sold. This led Countrywide to expand its loan offerings to include, for example, “Extreme Alt-A” loans, which one Countrywide executive described as a “hazardous product,” although Countrywide failed to tell RMBS investors that these loans were being originated outside of Countrywide’s underwriting guidelines. Countrywide knew that these exception loans were performing far worse than loans originated without exceptions, although it never disclosed this fact to investors.

“The Central District of California has taken the lead in the department’s investigation of Countrywide Financial Corporation,” said Acting U.S. Attorney Stephanie Yonekura for the Central District of California. “Countrywide’s improper securitization practices resulted in billions of dollars of losses to federally-insured financial institutions. We are pleased that this investigation has resulted in a multibillion-dollar recovery to compensate the United States for the losses caused by Countrywide’s misconduct.”

In addition to the matters relating to the securitization of toxic mortgages, today’s settlement also resolves claims arising out of misrepresentations made to government entities concerning the origination of residential mortgages.

The U.S. Attorney’s Office for the Southern District of New York, along with the Federal Housing Finance Agency’s Office of Inspector General and the Special Inspector General for the Troubled Asset Relief Program, conducted investigations into the origination of defective residential mortgage loans by Countrywide’s Consumer Markets Division and Bank of America’s Retail Lending Division as well as the fraudulent sale of such loans to the government sponsored enterprises Fannie Mae and Freddie Mac (the “GSEs”). The investigation into these practices, as well as three private whistleblower lawsuits filed under seal pursuant to the False Claims Act, are resolved in connection with this settlement. As part of the settlement, Countrywide and Bank of America have agreed to pay $1 billion to resolve their liability under the False Claims Act. The FIRREA penalty to be paid by Bank of America as part of the settlement also resolves the government’s claims against Bank of America and Countrywide under FIRREA for loans fraudulently sold to Fannie Mae and Freddie Mac. In addition, Countrywide and Bank of America made admissions concerning their conduct, including that they were aware that many of the residential mortgage loans they had made to borrowers were defective, that many of the representations and warranties they made to the GSEs about the quality of the loans were inaccurate, and that they did not self-report to the GSEs mortgage loans they had internally identified as defective.

“For years, Countrywide and Bank of America unloaded toxic mortgage loans on the government sponsored enterprises Fannie Mae and Freddie Mac with false representations that the loans were quality investments,” said U.S. Attorney Preet Bharara for the Southern District of New York. “This office has already obtained a jury verdict of fraud and a judgment for over a billion dollars against Countrywide and Bank of America for engaging in similar conduct. Now, this settlement, which requires the bank to pay another billion dollars for false statements to the GSEs, continues to send a clear message to Wall Street that mortgage fraud cannot be a cost of doing business.”

The U.S. Attorney’s Office for the Eastern District of New York, together with its partners from the Department of Housing and Urban Development (HUD), conducted a two-year investigation into whether Bank of America knowingly made loans insured by the FHA in violation of applicable underwriting guidelines. The investigation established that the bank caused the FHA to insure loans that were not eligible for FHA mortgage insurance. As a result, HUD incurred hundreds of millions of dollars of losses. Moreover, many of Bank of America’s borrowers have defaulted on their FHA mortgage loans and have either lost or are in the process of losing their homes to foreclosure.

“As a Direct Endorser of FHA insured loans, Bank of America performs a critical role in home lending,” said U.S. Attorney Loretta E. Lynch for the Eastern District of New York. “It is a gatekeeper entrusted with the authority to commit government funds earmarked for facilitating mortgage lending to first-time and low-income homebuyers, senior citizen homeowners and others seeking or owning homes throughout the nation, including many who live in the Eastern District of New York. In obtaining a payment of $800 million and sweeping relief for troubled homeowners, we have not just secured a meaningful remedy for the bank’s conduct, but have sent a powerful message of deterrence.”

“Bank of America failed to make accurate and complete disclosure to investors and its illegal conduct kept investors in the dark,” said Rhea Kemble Dignam, Regional Director of the SEC’s Atlanta Office. “Requiring an admission of wrongdoing as part of Bank of America’s agreement to resolve the SEC charges filed today provides an additional level of accountability for its violation of the federal securities laws.”

“Today’s settlement with Bank of America is another important step in the Obama Administration’s efforts to provide relief to American homeowners who were hurt during the housing crisis,” said U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro. “This global settlement will strengthen the FHA fund and Ginnie Mae, and it will provide $7 billion in consumer relief with a focus on helping borrowers in areas that were the hardest hit during the crisis. HUD will continue working with the Department of Justice, state attorneys general, and other partners to take appropriate action to hold financial institutions accountable and provide consumers with the relief they need to stay in their homes. HUD remains committed to solidifying the housing recovery and creating more opportunities for Americans to succeed.”
“Bank of America and the banks it bought securitized billions of dollars of defective mortgages,” said Acting Inspector General Michael P. Stephens of the FHFA-OIG. “Investors, including Fannie Mae and Freddie Mac, suffered enormous losses by purchasing RMBS from Bank of America, Countrywide and Merrill Lynch not knowing about those defects. Today’s settlement is a significant, but by no means final step by FHFA-OIG and its law enforcement partners to hold accountable those who committed acts of fraud and deceit.”

The attorneys general of California, Delaware, Illinois, Kentucky, Maryland and New York also conducted related investigations that were critical to bringing about this settlement. In addition, the settlement resolves investigations conducted by the Securities and Exchange Commission (SEC) and litigation filed by the Federal Deposit Insurance Company (FDIC).

The RMBS Working Group is a federal and state law enforcement effort focused on investigating fraud and abuse in the RMBS market that helped lead to the 2008 financial crisis. The RMBS Working Group brings together more than 200 attorneys, investigators, analysts and staff from dozens of state and federal agencies including the Department of Justice, 10 U.S. Attorneys’ Offices, the FBI, the Securities and Exchange Commission (SEC), the Department of Housing and Urban Development (HUD), HUD’s Office of Inspector General, the FHFA-OIG, the Office of the Special Inspector General for the Troubled Asset Relief Program, the Federal Reserve Board’s Office of Inspector General, the Recovery Accountability and Transparency Board, the Financial Crimes Enforcement Network, and more than 10 state attorneys general offices around the country.

The RMBS Working Group is led by Director Geoffrey Graber and five co-chairs: Assistant Attorney General for the Civil Division Stuart Delery, Assistant Attorney General for the Criminal Division Leslie Caldwell, Director of the SEC’s Division of Enforcement Andrew Ceresney, U.S. Attorney for the District of Colorado John Walsh and New York Attorney General Eric Schneiderman.

Investigations were led by Assistant U.S. Attorneys Leticia Vandehaar of the District of New Jersey; Dan Ryan and Mark Odulio of the Western District of North Carolina; George Cardona and Lee Weidman of the Central District of Carolina; Richard Hayes and Kenneth Abell of the Eastern District of New York; and Pierre Armand and Jaimie Nawaday of the Southern District of New York.
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Friday, 13 March 2020

Post Office: -Post Assistant / Postman / Multi Tasking Staff Posts

Gujrat Postal Circle Postmen: - Recruitment to the post of Assistant / Postman / Multi Tasking Staff posts in the Post Office, the desired candidate is requested to take all the information before applying in this employment and after that apply in the employment according to his qualification Do it

 Government Jobs only:


 For the 7th and 8th 12th pass, there are tremendous recruitments in the government sector.

 Bumper recruitment in private sector has been applied to various posts

 Post description

 Gujarat Postal Circle Recruitment 2020
 Post :
 Postal Assistant / Sorting Assistant: 52 posts
 Postmen / Mail Guard: 47 Posts
 Multi Tasking Staff: 45 posts

 Age Limit (as on 20-03-2020):
 Postal Assistant, Postman: 18 to 27 years
 Multi tasking staff: 18 to 25 years
 Note: SC / ST / OBC and all other reserved categories are exempt in age as per the rules of the government.

 Qualification (Academic):
 Postal Assistant / Sorting Assistant: 12th pass
 Postmen / Mail Guards / Multi Tasking Staff: 12th and local language knowledge

 Examination / Application Fee: 120 / -

 Pay Scale (Remuneration):

 Postal Assistant / Sorting Assistant: 25,500 - 81,100 / -. Postmen / Mail Guard: 21,700 - 69,100 / - | Multi Tasking Staff: 18,000 - 56,900 / -

 Important Date:
 Starting date for application and fee payment: 17-02-2020
 Last date for receipt of application: 20-03-2020
 Last Date for Fee Payment: 18-03-2020
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Friday, 6 March 2020

How will you get benefit of Kisan Samman Nidhi scheme, you will see your name in this list

Lucknow. Prime Minister Narendra Modi has launched Kisan Samman Nidhi Yojana (Kisan Samman Nidhi Yojana in UP) to benefit farmers. The Prime Minister Kisan Samman Nidhi Yojana started when the farmers of UP came to know that PM Modi has approved the Kisan Samman Nidhi Yojana on 24 February. Through which the farmers of UP will be given an annual benefit of 6 thousand rupees every year and the first installment has also been put in the account of some peasants. After that when the farmers of the Konch region of UP District Jalaun checked their accounts, it was found that the money did not come to their account.

 What is Kisan Samman Nidhi Yojana?

 PM Kisan Samman Nidhi Yojana (PM Kisan Samman Yojana, PMKSY) is a scheme that provides annual benefits to farmers. Under this Kisan Samman Nidhi Yojana or scheme, small and marginal farmers with land up to 2 hectares of UP will be given 6 thousand rupees every year. Rs 6000 to the farmers of UP will be given in three installments in a year by Rs 2000. This Kisan Samman Nidhi Scheme will benefit about 12 crore farmers of India including UP.

 How does the Kisan Samman Nidhi scheme work?

 First, a list will be prepared for the farmers who are benefiting from the Kisan Samman Nidhi Yojana. This list will include only those farmers who own land up to 2 hectares. After the list of farmers is prepared, the verification of small and marginal farmers will be done and their necessary documents will be submitted to Aadhaar card, bank passbook and two photographs. Only after this, the amount of benefit under the Kisan Samman Nidhi scheme will be sent by the government to his account.

 No online application for Kisan Samman Nidhi Scheme

 To get the benefit of Kisan Samman Nidhi Yojana, farmers do not have to apply online as there is no online application for this. Its entire process is done by the government by government officials Lekhpal, Kanungo and Tehsildar. Farmers who own up to 2 hectares of land. His name will be included in the list of Kisan Samman Nidhi Yojana and you will be given a form by government officials for the benefit of Kisan Samman Nidhi scheme. Therefore you do not need to fill the online application form. You will get the benefit of Kisan Samman Nidhi scheme without applying.

 When will the Kisan Samman Nidhi scheme be implemented?

 The Pradhan Mantri Kisan Samman Nidhi scheme in Uttar Pradesh was implemented from December 1, 2018. The entire expenditure that will be incurred in the Kisan Samman Nidhi scheme in Uttar Pradesh will be borne by the Central Government. The first installment of Kisan Samman Nidhi scheme will be sent to the bank account of the farmers through direct to transfer by 31 March 2020.

 How much will the farmers of Uttar Pradesh get under this scheme

 Under the Kisan Samman Nidhi Yojana, farmers of UP will be given 6 thousand rupees every year and this amount of 6 thousand rupees will be sent to farmers directly in their bank account in two installments, two thousand in three installments throughout the year.

 You can also see more information about Kisan Samman Nidhi Scheme by downloading PDF file in Hindi and English from here.

 Prime Minister Kisan Samman Nidhi Yojana PDF Download -

 PM Kisan Samman Yojana PDF Downlod -

 How to see the name in the list of Kisan Samman Nidhi Scheme

 The list of farmers who will get the benefit of Kisan Samman Nidhi scheme will be prepared. That list will be uploaded on the official website of Kisan Samman Nidhi Yojana. Farmers can see their name in that list whether they have been included in the list or not.

 First of all, visit the official website pmkisan.gov.in.
 Then click on LG Directory.
 Then click on Rural and Urban.
 After this, go on choosing your state, district, tehsil, block, village
 After this, you can see your farmer in the list of Samman Nidhi Yojana.

 You can find more information about the Kisan Samman Nidhi Scheme by visiting the official official website pmkisan.gov.in.
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